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the election might have answered some of these questions but they have not. now it looks like the senate is going to try to get it taken care of before the new year. what can we say? this is the state of american politics these days. it's not just washington, not just the egos. there are real consequences all across the nation. >> talk about trickle down. phil, thanks so much. >>> stocks closed early today ahead of the christmas holiday, but wall street had enough time to lose ground amid worries that lawmakers won't reach a budget deal by next week nasdaq and s&pa hundred also down. >>> police in new york say it was a set up. two firefighters responding to a call were kill bid an excon. cbs reporter jennifer lewis hall shows us how he lured them in. >> firefighters rushed to this early morning fire near rochester new york and were met by bullets. police say 62-year-old william spengler lit a home and car on fire so he could lure first responders to the scene and shoot them. two webster firefighters were killed in the ambush. two more were injured. with crews under attack the flames burn
of losing in the next election. ee -- each side is waiting for the other to blink. >> when you're playing chicken, the only way you win is if convince the other side that you're not going to swerve so you have to make it look as though you're not going to blink in order to get what you want. >> reporter: cbs news has learned that the sticking point during these negotiations today is that income threshold that would see taxes increased. the president still wants the tax increases for house molds making more than 250 -- households making more than $250,000 while the speaker wants those to start at $1 million so if they are still this far apart they have a long way to go. >> that's the issue the entire time. >> reporter: like this is new?! it is very frustrating. >> pushing the limit. >> we'll see. >> thanks, grace. >>> well, wall street isn't putting much faith in washington either. the dow lost 158 points today. its five-day losing streak is the longest since july. the nasdaq and s&p 500 also closed down. >>> we learned late this afternoon an indian woman who was brutally gang-raped and th
Search Results 0 to 1 of about 2